Housing Wire
JANUARY 24, 2024
Decide together after that discussion what price should be offered in order for the result to be an accepted (or at least countered) offer. At the very least, they’ll be more likely to counter versus reject your offer. Send your explanation video along with your offer to the listing agent.
Home Junction
MAY 12, 2020
In most cases, the smart thing to do is come back with a counter-offer, even if it is a small reduction. That’s also the time to present your market data and the comparables you have found that justify the seller’s asking price. The smart thing to do is not get into an argument.
PennyMac
DECEMBER 22, 2020
Banks are also more likely to present a counter offer because they must demonstrate they tried to get the best possible price for the property. When the lender does respond, they will expect you to respond quickly to keep the process moving. Working with a lender also means jumping through more corporate hoops.
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